Jobs Report Reaction, Treasury Sec. Bessent's Market Message, Broadcom Jumps 3/7/25
Update: 2025-03-07
Description
Wrapping up a volatile week for stocks, Carl Quintanilla, Jim Cramer and David Faber explored market reaction to the February jobs report.
The anchors also discussed what Treasury Secretary Scott Bessent told CNBC about a "detox period" for a market and economy he said are "hooked"
on public spending. The AI trade: Broadcom shares jump on earnings and guidance in midst of a rough week for the chip sector.
Also in focus: Costco slides and Gap soars on earnings, Tesla poised for an "unlucky 7," bitcoin strategic reserve, Faber Report: Walgreens to go public.
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